Positives and Negatives for Ghana

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  • Positives and negatives for Ghana
    • Location
      • Coastal location good for trade
      • 3 different climates = range of raw materials
      • 2 main rivers
      • low lying
      • Gold and cocoa
      • Sub - Saharan not attractive to TNCs
      • Civil unrest- Close to Sierra Leone
      • North - Hot and Dry
        • Not good for growning
    • Colonialism
      • Trade venues along gold coast
      • Accra- capital
        • money invested in schools, roads, railways and communication
      • Cocoa introduced
      • Strong export
      • Fairly stable - vote, democracy
      • Remained reliant on primary exports
      • Reliance on primary goods
      • manufacturing not established
      • most income from exports went to colonial powers
      • Few settlements
    • Neo-Colonialism
      • Natural resources
      • links with MNCs- China digital manufacturing
      • Stimulates economy - jobs
      • cocoa farming, income, fishing, transport + toursim
      • Still relevant on aid
      • need to borrow money
      • $1 billion a year in AID
      • Akosombo dam
        • 8,000 relocated
        • didn't use raw boxcite
        • electricity sent to other countries

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